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20121226
20130103
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CNBC 2
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CNBC
Dec 27, 2012 2:00pm EST
,000 superstorm sandy here. 40,000 pounds of copper go into a car. housing has turned up a little bit. you have 400 pounds of copper in every new home at least, not even the commercial buildings. >> george -- >> that could being. >> -- would you say that gold is no longer a good safe haven? to me it's been acting like a risk asset and not a safe haven anymore. >> people don't understand what is meant by safe haven for gold. the gold prices is an economic and political barometer not of just the economy but political well-being of the world. there's another saber-rattling. korea firing rockets. you have problems in the middle east. you have major problems that we haven't seen lately because of fiscal cliff and the headlines from italy and spain and of course portugal and greece is not finished yet. >> right. >> so there's plenty of problems. we're going to return back to basics after the fiscal cliff. people will say, you know what, i do need some place to put my money. >> probably not in the backyard or under the pillow. thank you for joining us. brian. >>> meantime, big news from d.c. not on th
CNBC
Dec 27, 2012 9:00am EST
there has not just been due to superstorm sandy. perhaps the biggest surprise, jc penney undergoing a positive turn, even as we speak, despite jack pin neigh appearing ton a do-or-die list for 2013, "the wall street journal." a big year ahead for ceo ron johnson, leads us to craig johnson's list of disappointments, ron johnson's old employer, apple, outside the apple store in the grove yesterday in l.a., yes, you heard me, he dissed apple. well, kind of. a little. >> apple's been -- has had a tremendous success story for any number of years now, but we think in terms of traffic and what we see at the stores, things have peaked out a little bit. so, they will still have a good season, still be up strong double digits but wouldn't be the outsized growth we have seen for any number of years now. >> all right. johnson also says sacks has struggled a bit, though he says the shoe department has been fine. overall holiday growth sales blow ducks is still 2.8% but he says to meet that sales this week today, tomorrow and the weekend have to hit it out of the park, otherwise, he says close to
Search Results 0 to 1 of about 2